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$1,625,000
 $8,723 est/mo Sourced by Back At You

31 Croxton Ave,Oakland, CA 94611

Oakland, CA 94611

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Description

31 Croxton Ave is an eight-unit multifamily property located in Oakland’s highly desirable Piedmont Avenue neighborhood. The building features eight large 1-bedroom, 1-bath units and currently generates over $13,000/month in rental income, offering a 6.44% cap rate and 9.81 GRM at the asking price of $1,625,000. This equates to approximately $203,000 per unit and $350/SF. The property offers strong upside potential through unit renovations and future rent increases. Buyer to verify potential to reconfigure units or add bedrooms. The building is soft-story compliant and has completed SB 721 balcony requirements. Also is separately metered for Gas and electricity. Ideally located within walking distance to Piedmont Ave shops and dining, BART, and adjacent to Adams Point, this is a well-positioned asset in one of Oakland’s most sought-after rental markets. A turnkey investment with immediate cash flow and long-term upside.

Details

MLS #41129995
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site137
Listing Provided ByCOMPASS | Willem Bos

Features

Units8
Acreage0.11

Interior

CoolingNone
HeatingNatural Gas
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesGas Water Heater, Dryer, Washer

Exterior

Construction MaterialsStucco

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94611
Community NameADAMS POINT
Listing VS Median (in ADAMS POINT)
Price:
$1,625,000
low | high
Med:
$0
On site:
137
low | high
Med:
Sourced by Back At You

Market Activity 94611

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Contact

Learn More About This Property

Juan Santos

Juan Santos

Coldwell Banker Commercial

02246273 (714) 862-7164juan.santos@cbhomesource.com
StateCA
CountyAlameda
CityOakland
Zip Code94611
Community NameADAMS POINT
Listing VS Median (in ADAMS POINT)
Price:
$1,625,000
low | high
Med:
$0
On site:
137
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.218M - $2.31M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3070 Brook St Property Photo 1
$695,000
3070 Brook St
Oakland, CA 94611
3070 Brook St Property Photo 1
$695,000
3070 Brook St
Oakland, CA 94611
Listing Updated: August 21, 2026 at 11:01:04 PM PDT

Juan Santos - Coldwell Banker Commercial Real Estate Solutions